Lloyd’s of London insurance companies prepare for a September re-opening

Lloyd’s of London Insurance - Lloyd's building mirrored in other building
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Following the pandemic lockdown, the insurers are preparing to bring their workers back to offices.

Lloyd’s of London insurance companies will be re-opening their offices and bringing their workers back in September 2020.

The insurers are preparing to make a range of changes in order to prepare for employee returns.

Among the changes Lloyd’s of London insurance companies will use methods such as temperature checking thermal cameras, clear screens on underwriting boxes, and click and collect take-out catering services. These will be meant to help ensure workers will continue reducing the risk of coronavirus spread when they head back to their offices in September.

The marketplace giant initially shut down its “underwriting room” in March. That London space was closed in response to the COVID-19 pandemic and represented the first time its physical trading was shut down in its 330-year history. It has now confirmed that the environment is in the midst of changing in order to make it possible for workers to return to their offices in September.

When the Lloyd’s of London insurance companies return to the offices, they will still reduce capacity.

When the doors first open, social distancing will be encouraged by keeping staff capacity at 45 percent. The entire space will experience regular deep cleans and spaced-out line-ups and one-way systems will be implemented. These efforts are all being made to reduce the risk of spreading this potentially deadly virus, said John Neal, the Lloyd’s CEO.

Not long before the pandemic crisis hit, the insurance market giant had announced intentions to take a much more electronic trading-focused direction. This was a major decision for the company that has remained a face-to-face market since its creation in 1688.

Lloyd’s of London insurance now intends to create a “virtual room” and is in the midst of tests for several different digital platforms that would allow underwriters and brokers to connect, explained Neal. This will include a “connectivity bar”, which is essentially a help desk, on the ground floor. It will also provide digital booths with amped WiFi. The café Lloyd’s of London Insurance - Lloyd's building mirrored in other buildingand other areas will provide digital screens and boosted network connectivity that will allow for confidential meetings.

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